Month: May 2007

It has been an interesting week at Icap, the company announcing record revenues, driven in no small way by a 103% increase in electronic broking revenues after the EBS acquisition, but it has also lost the man responsible for EBS and its wider electronic broking business. John Nixon has been appointed CEO of Icap’s […]

Standard Chartered Bank has unveiled a new role of head of wholesale banking for Asia – part of its wholesale banking division is the trading function. Olga Zoutendijk has joined the bank in the role, reporting to Mike Rees, chief executive officer of wholesale banking and Kai Nargolwala, group executive director. She will initially be […]

Citi has unveiled co heads of its Markets and Banking business with immediate effect. Michael Klein and Tom Maheras have each been named chairman and co-CEO, they had previously served as co-presidents, reporting to Citi Markets & Banking chairman and CEO Bob Druskin, who earlier this year was named Citi’s chief operating officer. Klein […]

The broking market in Asia Pacific continues to evolve with news that Tullet Prebon in Sydney has appointed a new managing director effective from July 1. Neil Tullett, son of firm’s founder Derek Tullett, has been with the group since September 1979 and has worked in London, Asia and most recently spent the last […]

Deutsche Bank has tapped Luciana Miranda as managing director in the fixed income prime brokerage group. Miranda joins from Goldman Sachs where she was most recently a managing director in the emerging markets trading and sales division. Miranda will be based in New York and will be responsible for overseeing a new fixed […]

AIM Global, a division of Invesco Asset Management has entered into a fund referral alliance with Citi’s cash management division, part of its Global Transaction Services (GTS) business. The alliance will enable Citi’s Asian institutional clients to invest their cash into money market funds in various currencies managed by AIM Global, a specialist money […]

Markets sources say that Deutsche Bank has raided HSBC in London for Eugenia Vicente, who has resigned from HSBC eFX sales team to join Deutsche in a similar role. The source says she will report to London-based Ian O’Flaherty, head of Deutsche’s FX e-commerce business. The bank was unable to confirm the move by press […]

China‘s agreement to invest $3 billion into a US private equity firm (see Squawkbox, May 21) has sparked renewed interest in the country’s impact on foreign exchange flows. The China Jianyin Investment purchase of a non-voting stake of less than 10% in the Blackstone Group’s IPO has surprised industry observers who had expected China […]

Orange Business Services, part of the France Telecom Group, is to equip the London dealing room of Bayerische Landesbank with its Etrali voice trading technology, tipping a competitor off the floor in the process. After a thorough evaluation conducted by the bank and a consultant, Etrali Mach 3D terminals were chose to replace the […]

Caplin Systems, providers of real time Web-based data and trading systems, has launched an application that enables banks to build multi-product trading portals for foreign exchange and fixed income. Caplin Trader is packaged solution that offers a cost effective Web application enabling a broad range of FX and fixed income instruments to be traded […]